Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»Global HR News»2,000 to be laid off at Jaguar Land Rover
    Global HR News

    2,000 to be laid off at Jaguar Land Rover

    HRK News BureauBy HRK News BureauFebruary 18, 20212 Mins Read5826 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    Jaguar Land Rover is all set to shrink its global workforce by about 2,000 as part of a cost-cutting exercise. Employees have already been informed of the planned restructuring. This downsizing will not impact the workers who are engaged on hourly pay in the manufacturing units.

    Recently, the Company revealed setting aside an annual budget of $3.5 billion for technology and complete electrification of its brand over the next decade. It posted a 38 per cent increase in profit last quarter as markets started to show signs of recovery due to the accumulated demand. This came after three quarters of losses, due to increasing costs, Brexit,falling demand and of course, the pandemic.

    Owned by the Tata Group, JLR is gearing to launch six fully electric car models by 2025. One model will be out by 2024. Right now, its only fully electric vehicle is the Jaguar I-Pace SUV, and sales have been far from bright. After having failed Europe’s carbon-dioxide emission rules in 2020, the Company had to keep aside 35 million pounds to pay fines.

    Of the 37,000-strong workforce, about 30,000 are based in the U.K.

    Under its new CEO, a new centralised team will work to create and speed up innovations. Aptly referred to as the ‘reimagine’ strategy, its objective is to simplify and consolidate the platforms and models being created per plant. The Company will also focus on achieving zero carbon emissions across products, operations and supply chain in the next 20 years.

    000 2 Cost Cutting electric models only electrification of brand Jaguar Land Rovers JLR Layoff reimagine plan Restructuring Tata Group
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    ten − 10 =

    Related Posts

    1,400 job cuts at Voice of America

    June 23, 2025

    1000+ to be let go in Microsoft’s third round of job cuts this year

    June 20, 2025

    Is StanChart cutting jobs in Singapore and offshoring roles to India?

    June 20, 2025

    Pentagon scraps weekly employee check-in emails amid staff-reduction plans

    June 19, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    How corporate culture change dies a thousand small deaths

    June 23, 2025

    The Great Displacement: How automation is reshaping India’s workforce

    June 20, 2025

    How corporate prejudices are strangling innovation in the workplace

    June 19, 2025

    Psychological safety: the new superpower in winning the talent war

    June 18, 2025
    Latest Post

    IndiGo employee files FIR; alleges caste-based abuse by seniors

    News June 23, 2025

    A Bengaluru-based IndiGo employee has filed a police complaint accusing three senior colleagues of caste-based…

    Intel overhauls marketing operations with AI and Accenture partnership

    News June 23, 2025

    Intel is gearing for major structural changes to its marketing division by outsourcing a significant…

    Maharashtra digitises HR management; rolls out Maha-AASTHA platform   

    News June 23, 2025

    The Maharashtra government has launched Maha AASTHA, a comprehensive digital platform intended to transform human…

    How corporate culture change dies a thousand small deaths

    Exclusive Features June 23, 2025

    In boardrooms across Britain, a familiar ritual unfolds. Leadership unveils a grand transformation plan—agility, innovation,…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.